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You have not made the car payment as you are filling for bankruptcy- can the bank reposses your car if it is not parked in your parking space?
Wiki User
∙ 16y ago
Until the bankruptcy goes through, you continue to owe the money and the lender continues to own the security. Therefore they can indeed repossess your car.
Where the car is parked is irrelevant. In most cases, they won't even know, let alone care, that the space is reserved for you. They will simply find the and remove it.
Consult your bankruptcy attorney/solicitor or (in the UK) the Citizens' Advice Bureau for further advice. In the UK, at least, it is possible to be guilty of theft if you attempt to hide a car that belongs to someone else.
Wiki User
∙ 16y ago
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